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20121114
20121114
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results don't even include the sales lift from superstorm sandy. home depot also raised its profit outlook for the year. if housing continues to improve, experts say it's a bullish sign for the rest of the economy. >> now, as we start to see residential investment recovery, that should help other sectors of the economy through demand for building materials, through more demand for other products-- furniture, you name it! >> reporter: she's optimistic housing will remain one of the few bright spots in an otherwise sluggish recovery. erika miller, "n.b.r.," new york. >> susie: it was an unhappy earnings story in the third quarter for saks. the upscale department store said sales and profits were hurt by a modest spike in promotions. on top of that, saks expects sales to be flat in the current holiday period because of a slow start to november due to hurricane sandy. noow, trouble at saks underscores new worries spreading throughout the luxury sector about the all important holiday season. suzanne pratt reports. >> reporter: on manhattan's 5th avenue, it's beginning to look a lot like christm
, more than 400,000 syrians have fled to neighboring states. it's been two weeks since hurricane sandy walloped the northeast, and, as of today, more than 130,000 homes and businesses across new york and new jersey still were in the dark. new york city mayor michael bloomberg warned again the process of restoration and recovery will be slow. . a lot of residents unfortunately will be out of power for a long time. but rather than complain about it or even write about it, we're trying to do something about it. we can sit around and bring or hands and say it's terrible. mother nature brought us this storm. now we're just going to deal with it. we're going to go methodically street by street building by building and help people get going. we're going to do the most important life-threatening things first. and then we'll come back. we're not going to stop until everybody is back. >> holman: there also were more signs of progress today, as gasoline rationing ended in central and northern new jersey. rationing continues in new york city. wall street slid again today, amid concerns about impen
Search Results 0 to 1 of about 2